The Romanian government should consider not liberalising the natural gas prices in April 2026, because the central bank is struggling with inflationary expectations that could get out of control, says chairman of the Fiscal Council, academician Daniel Daianu."The budget deficit keeps monetary policy hostage or prisoner. The level of the monetary policy rate in Romania at 6.5% - similar only to Hungary's - is very high and many wonder why it is so high. It is very high because you have a very large budget deficit and you have an extraordinary inflation. And now we also have this spike caused by the package of measures, which was inevitable. Nor can it quickly lower the monetary policy rate. I think it would make sense, for example, to consider liberalising the natural gas prices in April 2026, because the central bank is struggling with inflationary expectations that could get out of control. Therefore, when inflation consolidates on a clear downward trend and the budget implementation in 2026 will show that deficit target that is close to 6%, to be clear that we have a budget implementation according to this forecast, it will also be possible to lower the monetary policy rate. It cannot be lowered now," Daianu said on Monday at the conference "Budget and Taxation 2026: The effects of taxation and the expectations of the economy" organised by CursDeGuvernare.He said that there is a thesis that the monetary policy rate can be lowered to help or boost the economy, but he warned that that is not an appropriate measure when you want to make a large correction."We stimulated it so much that we ended up blowing it, nearing a deficit of 9%," said Daianu.
At 24 years old, Romanian Claudiu Fusaru is the youngest T-38 instructor in the 469th Squadron of the Euro-NATO Joint Jet Pilot Training (ENJJPT), the most complex international program for training NATO fighter pilots. The pilot training program, active since 1981, brings together 14 NATO nations and trains the best fighter pilots in the world […]
The Romanian General Prosecutor’s Office and the Directorate for the Investigation of Economic Crime conducted searches at companies part of the Tinmar group on Thursday, November 6, Economedia.ro reported. The company, one of the largest energy traders in...
The Romanian government has approved a new emergency ordinance that introduces major fines for feeding wild bears, environment minister Diana Buzoianu announced on Thursday, November 6. The legislation also defines key terms such as "feeding of bears" and "habituated bear," aiming to curb practices that draw wildlife into populated areas,
The American defense technology company Allen Control Systems (or ACS) has signed a memorandum of understanding with the Romanian Armed Forces for the joint production of autonomous anti-drone turrets in Romania. ACS recently signed two contracts for the delivery of its autonomous Bullfrog turret to the armies of South Korea and the United Arab Emirates. […]
Global environmental NGO Greenpeace saluted the fact that Romania adopted a new normative act on Thursday, November 6, creating the necessary legislative framework so that citizens, municipalities, NGOs, and small enterprises can jointly produce, manage, and consume renewable energy. The framework was finally created “after nearly three years of waiting and requests from local authorities […]
Roweb, compania românească din spatele software-ului nr.1 din Belgia în Real Estate În timp ce România continuă să importe mai mult decât exportă, companii locale precum Roweb demonstrează că soluțiile digitale și inteligența artificială pot echilibra balanța și pot pune țara pe harta inovației europene. AI made in Romania: de la cod la […]
